Coronavirus and super, Age Pension rates, Preparing for retirement, Constructing a Portfolio in Retirement, Longevity
Highlights of the March 2020 edition of the SuperGuide newsletter include:
- CORONAVIRUS AND SUPER: Markets have plunged recently as the world gets to grips with the Coronavirus, and many Australians are concerned about how their super and retirement will be affected. In a series of articles we go beyond the headlines to help you think about how it may impact your super balance and planning in retirement.
- NEW AGE PENSION RATES: Age Pension rates rise from March 20th, as do the thresholds for the assets and income tests. The government has also announced reductions to the deeming rates to reflect the recent drop in interest rates.
- PREPARING FOR RETIREMENT: We asked 16 independent financial advisers to give their tips for preparing for retirement. Watch the video for some pointers on what to consider.
- CREATING A PORTFOLIO IN RETIREMENT: Barbara Drury provides some helpful tips on how to approach building a retirement portfolio. In a separate article we analyse exclusive data on how SMSF retirees invest.
- LIFE EXPECTANCY AND LONGEVITY: While life expectancy looks at the quantity, longevity is all about the quality. David Williams talks us through the limitations of the current life expectancy tools and tells us what the key factors in longevity are. In a separate article Joanna Webber shares with us some secrets to living longer.
- CORONAVIRUS QUESTIONS: The impact of the Coronavirus has created a great deal of uncertainty, caused widespread disruption around the world, heavy sharemarket falls, and is a very dynamic situation. If you are concerned about how this impacts you personally, we encourage you to get financial advice. We will also be adapting our coverage to try to answer the big questions you may have about the impact of the Coronavirus to your retirement planning. If you would like to send us a question please do so. Please note that we can only consider questions that are general in nature. We also cannot answer questions individually, but we will do our best to publish as many Q&As as possible.
CORONAVIRUS AND SUPER
President Trump’s tariff chaos continued to wreak havoc on global share markets in March, putting a dent in super fund returns although they remain positive for the financial year to… Read more.
President Trump’s tariff chaos continued to wreak havoc on global share markets in March, putting a dent in super fund returns although they remain positive for the financial year to… Read more.
AGE PENSION
Age Pension rates increased on 20 September 2022. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional… Read more
Age Pension rates increased on 20 September 2022. This article also explains how the Age Pension works, and includes the latest Age Pension rates for residents, non-residents, and the transitional… Read more
This article details the rules and limits of the Age Pension assets test (how much your savings and other assets are worth), which is one half of the means test … Read more.
This article details the rules and limits of the Age Pension assets test (how much your savings and other assets are worth), which is one half of the means test … Read more.
A common question for those nearing or in retirement is “How much can a pensioner earn before it affects the pension?”. Read more
A common question for those nearing or in retirement is “How much can a pensioner earn before it affects the pension?”. Read more
Under the deeming rules, you are ‘deemed’ to earn a certain annual rate of return on your financial assets, regardless of the rate of return you actually earn. Read more.
Under the deeming rules, you are ‘deemed’ to earn a certain annual rate of return on your financial assets, regardless of the rate of return you actually earn. Read more.
Our Age Pension calculator gives you an estimate of your potential Age Pension entitlements based on your situation, assets and income. Read more.
Our Age Pension calculator gives you an estimate of your potential Age Pension entitlements based on your situation, assets and income. Read more.
The amount of Age Pension you are eligible to receive in retirement is means tested, with super among the assets included. This is how it’s assessed. Read more.
The amount of Age Pension you are eligible to receive in retirement is means tested, with super among the assets included. This is how it’s assessed. Read more.
SUPERANNUATION
Pensioners, veterans, other income support recipients and concession card holders will receive a one-off payment of $750 as part of the Government’s $17.6 billion plan to prevent the economy sliding… Read more.
Pensioners, veterans, other income support recipients and concession card holders will receive a one-off payment of $750 as part of the Government’s $17.6 billion plan to prevent the economy sliding… Read more.
SMSFs
If you run your own SMSF, have you ever wondered where other SMSFs or mainstream funds invest their money? This is how. Read more.
If you run your own SMSF, have you ever wondered where other SMSFs or mainstream funds invest their money? This is how. Read more.
Even if you outsource many of your fund’s administrative tasks, SMSF trustees still need to stay on top of super laws to avoid potentially large fines. Read more.
Even if you outsource many of your fund’s administrative tasks, SMSF trustees still need to stay on top of super laws to avoid potentially large fines. Read more.
It’s worth getting your head around the ECPI rules, as they can provide tax benefits if your SMSF is paying a pension. Read more.
It’s worth getting your head around the ECPI rules, as they can provide tax benefits if your SMSF is paying a pension. Read more.
There’s no getting around regular asset valuations for your SMSF, and it needs to be done by the book. Read more.
There’s no getting around regular asset valuations for your SMSF, and it needs to be done by the book. Read more.
RETIREMENT PLANNING
Preparing for retirement can be daunting for many Australians. In this video members of the Profession of Independent Financial Advisers help you understand the important things to consider. Read more.
Preparing for retirement can be daunting for many Australians. In this video members of the Profession of Independent Financial Advisers help you understand the important things to consider. Read more.
The way super intersects with the Age Pension has a big impact on retirees with ‘middling’ super balances, but it’s important not to fixate on short-term pension entitlements at the… Read more.
The way super intersects with the Age Pension has a big impact on retirees with ‘middling’ super balances, but it’s important not to fixate on short-term pension entitlements at the… Read more.
When it comes to planning your retirement, good financial advice can provide valuable benefits – both for your finances and your emotional wellbeing. Read more.
When it comes to planning your retirement, good financial advice can provide valuable benefits – both for your finances and your emotional wellbeing. Read more.
It’s been a long time coming, but super funds are beginning to offer more flexible pension products offering income for life. Read more.
It’s been a long time coming, but super funds are beginning to offer more flexible pension products offering income for life. Read more.
IN RETIREMENT
Structuring an investment portfolio designed to support you throughout retirement is a different challenge to the strategies you used to build wealth during your working life. Read more.
Structuring an investment portfolio designed to support you throughout retirement is a different challenge to the strategies you used to build wealth during your working life. Read more.
Worrying about whether your retirement savings will be enough is normal, but there are some easy steps you can take to ensure you’re as prepared as you can be for… Read more.
Worrying about whether your retirement savings will be enough is normal, but there are some easy steps you can take to ensure you’re as prepared as you can be for… Read more.
To understand how much income you will need to fund your desired retirement lifestyle, first you need to work out how much you are likely to spend. Here’s how. Read more.
To understand how much income you will need to fund your desired retirement lifestyle, first you need to work out how much you are likely to spend. Here’s how. Read more.
We’re starting families later, retiring later and living longer than ever before. But what do older Australians think living longer might look like? Read more.
We’re starting families later, retiring later and living longer than ever before. But what do older Australians think living longer might look like? Read more.
IMPORTANT: All information on SuperGuide is general in nature only and does not take into account your personal objectives, financial situation or needs. You should consider whether any information on SuperGuide is appropriate to you before acting on it. If SuperGuide refers to a financial product you should obtain the relevant product disclosure statement (PDS) or seek personal financial advice before making any investment decisions. Superguide Pty Ltd ATF Superguide Unit Trust as a Corporate Authorised Representative (CAR) is a Corporate Authorised Representative of Independent Financial Advisers Australia, AFSL 464629.
